Creditors usually enter compositions in order to force the debtor into involuntary bankruptcy.
Answer the following statement true (T) or false (F)
False
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Several artists in Charleston, South Carolina, show and sell their work in an art gallery downtown. The gallery is owned by an art lover who does not buy the paintings but displays those from other artists. She only collects a percentage on each piece sold. In terms of the marketing channel, the gallery is a(n) ________.
A. dealer B. manufacturer C. wholesaler D. agent E. ultimate consumer
Answer the following statements true (T) or false (F)
1. Job titles, roles and responsibilities do not differ from organization to organization. 2. It is the responsibility of the CIO to ensure effective communications between business and IT personnel. 3. Ethics are the laws that guide our behavior toward other people. 4. Privacy is the right to be left alone when you want to be, to have control over your own personal possessions and not to be observed without your consent. 5. One of the main ingredients in trust is privacy.
Long term contracts generally increase the costs of production for a supplier
Indicate whether the statement is true or false
Suppose that 1 British pound currently equals 1.62 U.S. dollars and 1 U.S. dollar equals 1.62 Swiss francs. What is the cross exchange rate between the pound and the franc?
A. 1 British pound equals 3.2400 Swiss francs B. 1 British pound equals 2.6244 Swiss francs C. 1 British pound equals 1.8588 Swiss francs D. 1 British pound equals 1.0000 Swiss francs E. 1 British pound equals 0.3810 Swiss francs